Central banks in Indonesia and India intervened in foreign-exchange markets to cushion the impact of higher oil prices and a stronger dollar amid the military conflict in the Middle East.
Qatar, in the firing line again, tries to balance diplomatic and business ambitions
DOHA, Qatar — Israel’s strikes targeting Hamas in Doha, hot on the heels of an Iranian hit on a U.S. base in the Gulf nation in June, could shake Qatar’s image as a stable business hub as it seeks to …
Asian Currencies Mostly Weaken After Strikes on Iran
Most Asian currencies weakened against the dollar amid risk-off sentiment sparked by the Middle East conflict.
Geopolitical Tensions Spotlight Iran’s $7.78 Billion Crypto Ecosystem
Fresh U.S. and Israeli strikes on Iran have renewed focus on a financial channel Tehran has developed alongside its restricted banking system: state-backed …
Indonesia central bank intervenes as Iran crisis hits rupiah
Indonesia’s central bank said it is intervening in the foreign-exchange markets as the US-Israeli war sapped sentiment for the currency.
At least 22 killed in Pakistan amid protests over US, Israel’s attack on Iran
At least 22 people were killed in Pakistan Sunday as protests broke out over the U.S. and Israel’s strikes on Iran from the day before.
Indonesia Stocks Sink 1.7% After Iran Strike Shakes Markets
JCI slides as Iran tensions trigger risk-off sentiment. The index falls 143 points while oil surges and Asian markets open lower.
US, Israel War on Iran LIVE: ‘India stands in solidarity,’ PM Modi condemns attack on UAE, speaks with President
PM Narendra Modi spoke to UAE President Sheikh Mohamed bin Zayed, condemned attacks on the UAE and backed de-escalation as West Asia tensions escalate. Catch live updates.
UAE Suspends Stock Trading Amid Iran Strikes
UAE shuts ADX and DFM exchanges March 2–3 after Iran blocks Strait of Hormuz, threatening oil above $100 and global supply chains.
As Iran attacks Dubai, the tax-free haven for the global elite could see ‘catastrophic’ fallout — ‘this can also send shockwaves globally’
The area’s success at attracting capital from around the world over the years and diversifying away from oil could also make it a threat to global markets.